Saturday, December 29, 2018

Business news is mostly good in 2018 | Business - messenger-inquirer

A lot has happened in Owensboro’s business community this year.

Here, in no particular order, are some of the biggest stories:

Gateway Commons, which will eventually include a major shopping center and apartment complex, opened its first five stores — Hobby Lobby, Kirkland’s, Tuesday Morning, Shoe Show and Gabe’s. More stores are under construction now with openings planned for spring.

The Shoppes at 3800 Frederica, a new development on the old Texas Gas property at Frederica Street and Tamarack Road, announced plans for a car wash and pizza parlor, both of which are scheduled to open in 2019. And construction of apartment buildings on the west side of the property is also expected to start in 2019.

Site Selection magazine, an international business publication, awarded its Great River Cup to the Owensboro metropolitan area for having the most per-capita corporate investments in the Ohio Valley for the past 18 months.

The Bluegrass Music Hall of Fame & Museum opened in October and is expected to become a major tourist draw in 2019.

O.Z. Tyler Distillery became the 11th distillery and the western anchor on the Kentucky Bourbon Trail on June 4 and it’s expecting an influx of tourists in 2019.

German American Bank bought Owensboro-based First Security Bank.

A new Best Western Plus opened on Goetz Drive and the TownePlace Suites in Gateway Commons is expected to open in early 2019.

Mark Snell resigned as president of the Greater Owensboro Economic Development Corp. after six months. And six months later, he died in Houston. Earlier this month, Brittaney Johnson, the new EDC president, began work.

Indiana Packers Corp., which makes Indiana Kitchen premium pork products, bought Owensboro-based Specialty Foods Group, makers of Kentucky Legend hams, in October.

Towne Square Mall and its 35.4 acres is sold in May for $2.9 million, far below its assessed value a couple of years ago, to Kohan Retail Investment Group of Great Neck, New York.

The U.S. Census Bureau in March estimated that Daviess County’s population had topped 100,000 for the first time.

And a few high-profile companies in town gave major raises and/or bonuses to employees.

Overall, not a bad year at all.



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